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MSNBC
Dec 3, 2012 12:00pm PST
it to determine how to refer to the debate. cliff, slope, fiesta or follies. today we go to fiscal fiesta. are you ready for this fiesta party? >> i'm thrilled and very excited, yes. i wish i had a party the hat and a little horn, you know. >> your enthusiastic is infectious. >> we'll fedex it right now. michael, so far gop leaders are denying an abc report the party is planning a doomsday plan that would allow a vote on extending middle class tax cuts and nothing more by simply voting present. what have you heard and what's the likelihood that would happen? >> well, i think it's still -- it's sort of the formative stage, and it's not clear when it's going to happen. to me it reflects what is a clear rereality, which is that e status quo favors the democrats and the republicans are finding a way to deal with this. democrats have the upper hand in the default scenario, and republicans, i think, know it's a loser for them to hold middle class tax cuts hostage essentially in the name of keeping taxes low on upper income earners. this is a way to try to muddle through it without being seen to hold up
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